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RenaissanceRe

Financial Accountant

Posted 2 Days Ago
Be an Early Applicant
In-Office
Singapore
Junior
In-Office
Singapore
Junior
The Financial Accountant supports financial accounting, internal controls, budgeting, and reporting, while enhancing reporting efficiency and interacting with the Finance Team.
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RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

POSITION SUMMARY         

The Financial Accountant is responsible for supporting certain aspects of the financial accounting, internal controls, budgeting, and financial reporting for the company.  This role also provides operations exposure with the preparation of claim and technical bookings. Responsible for supporting projects to enhance the efficiency and effectiveness of reporting requirements in an increasingly complex environment. The role may have close interaction across multiple functional areas of the business and work with the wider Finance Team to add value across relevant business areas.  The role provides opportunities to develop specific skillsets and to progress within a dynamic team.

RESPONSIBILITIES INCLUDE

Financial Accounting

  • Manage and monitor the non-technical balances across all entities in Singapore

  • Complete aspects of the monthly and quarterly close processes

  • Prepare monthly/quarterly GL entries

  • Assist with annual GAAP and Statutory (MAS) financial statements

  • Liaise with internal and external auditors and vendors

  • Support the preparation of detailed analysis, journal entry bookings and monthly/quarterly reconciliations to the general ledger

  • Prepare GST Returns

  • Support the continued enhancement and on-going development of various financial systems

Reinsurance Accounting

  • Assist with the monthly and quarterly close S.O.X process

  • Assist with maintaining an appropriate S.O.X 404 control environment for both the reinsurance accounting systems and the general ledger

QUALIFICATIONS, SKILLS & EXPERIENCE

  • A university degree is essential with emphasis on finance and accounting

  • Professional accounting designation preferable (e.g. CA, ACA, CPA)

  • A minimum of 2 years of Big Four external audit experience or equivalent and 2 years’ post-qualification experience. Experience working with general insurance organisations, as an auditor or internal accountant, is preferred

  • Working knowledge of generally accepted accounting principles (GAAP), and an understanding of GAAP for reinsurance transactions

  • Experience with public companies and SOX 404 is advantageous

  • Proficiency in the use of computer systems and applications (Microsoft Office Suite, etc.)

  • Experience with Microsoft D365 and SICS reinsurance accounting systems is preferred

  • Strong analytical and communication skills to garner immediate credibility both inside and outside the organization

  • Demonstration of a sound and reliable work ethic; outstanding problem-solving skills; proven organization skills with the ability to handle multiple tasks in a timely and accurate manner

  • This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach.


Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Top Skills

Microsoft D365
Microsoft Office Suite
Sics

RenaissanceRe Singapore Office

OUE Bayfront, 50 Collyer Quay, #12-0,, Singapore

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